Gold prices tick higher on fresh U.S. tariff threats, Fed rate cut hopes
TORONTO - Kinross Gold Corporation (TSX:K; NYSE:KGC) announced Wednesday that its Board of Directors has declared a quarterly dividend of US$0.03 per common share for the second quarter of 2025. The company has maintained dividend payments for 55 consecutive years, with a current annual dividend yield of 2.89%.
The dividend will be paid on September 4, 2025, to shareholders of record as of the close of business on August 21, 2025, according to a company press release.
Kinross noted that the dividend qualifies as an eligible dividend for Canadian income tax purposes, while dividends paid to shareholders outside Canada will be subject to Canadian non-resident withholding taxes.
Kinross Gold is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The company maintains listings on both the Toronto Stock Exchange under the symbol K and the New York Stock Exchange under the symbol KGC.
In other recent news, Kellanova is progressing toward removing FD&C colors from its U.S. food products, with plans to complete this by the end of 2027. The company has already achieved significant milestones, with 80% of its North American retail foods and 95% of its K-12 foods free from these colors. Meanwhile, Mars’ $36 billion acquisition of Kellanova is under scrutiny by the European Union, which has paused its antitrust review pending additional data from both companies. This follows the U.S. Federal Trade Commission’s completion of its review without imposing any conditions, leaving only the European Commission’s approval outstanding. Bernstein has reiterated a Market Perform rating on Kellanova stock amid the EU investigation, citing minimal competition overlap between Mars and Kellanova’s product lines. These developments highlight ongoing regulatory processes and strategic changes within Kellanova.
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